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Search Results 88 to 138 of about 139 (some duplicates have been removed)
FOX News
Jul 25, 2011 6:00am EDT
of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right there. here is something that speaker boehner said why he cannot support the democrats' plan. he said the administration says they need all
FOX News
Jul 27, 2011 6:00am EDT
detonated explosives hidden in his turbin. he is the latest top ranking official killed in afghanistan. two week ago, hamid karzai's half brother was gunned down in his home. meantime, the state department warning the killing of usama bin laden could increase the terror threat to americans around the world. that's why officials are reiterating the warning today. the initial alert was set to expire next week. the warning describes ongoing attacks by al-qaida including suicide attacks, assassinations, kidnappings and hijackings. a law me want to help september 11th first responders with health coverage will not apply to people with cancer? a new government study says there's an insufficient link between toxins at ground zero and documented cancer cases. but that is not sitting well with many. >> i've been to 53 funerals. 51 are because the person died of cancer. >> the government will do another study on cancer cases next year. an update on the mother convicted of killing her 4-year-old son because she was jaywalking with him when he was hit by a car. a judge in georgia gave her a choice yes
MSNBC
Jul 7, 2011 2:00am EDT
are not helpful to them. we have an iraq war, which is still there, an afghanistan war that has been beefed up, what's good tweeter, twitter, tweeting. >> not just that, chris, but a lot of the appeal about president obama in 2008 was he was new and fresh and gave a chance to americans to write history. that happened. how do you make history twice, the answer is you don't. he has to find a way to fire up the base once again. ultimately, his message if the economy doesn't improve is the other guys will make it worse. look at their policies and views. >> john, you're key. i want to end it with that note. it's brilliant. it's about the next four years, it's not the blame game. who do you have confidence in to lead the country out of the situation we are now. thank you so much jonathan and alex wagner for tutoring me rather crudely. let me finish with -- we're going to have a birthday tribute to nancy reagan for the reasons she was a moderating force on that man next to her. you're watching "hardball." >>> let me finish with a birthday tribute to an american who made a difference. her name is nanc
MSNBC
Jul 7, 2011 2:00pm EDT
? you know your stuff. >> listen, i can tell you what is going on in afghanistan, and iraq and pine valley. >> this makes a well-rounded human being. >> and speaking of well-rounded human being. keenan cahill, you remember the internet sensation who lip synced with the likes of 50 cent and katy perry? well, he has a new video out and this time with the "glee" stars. take a look at this guy. ♪ it is a blacked out blur ♪ but i'm pretty sure ♪ it rules ♪ last friday night ♪ you will be dancing to the ♪ drums >> you are looking at some new cast regulars there on who joined cahill during a "glee" arena, and if you are wondering how this whole thing came together, he was as i did some research the 27th most subscribed youtube channel on youtube, and so he has a following and he is pitching a tv show. >> but he looks like an entertaining character, but he has a huge following on youtube. and 29 best rated channels. >> yes. and one thing i love about him is he has no shame. half of the time, he doesn't know all of the with words to the song he is lip syncing to, but he is fun to
MSNBC
Jul 7, 2011 9:00pm EDT
, there's a pattern in that we have reached a tipping point. we saw it with afghanistan. and iraq in terms of the timetable. when are we getting out. we saw it in the compromises on the bush tax cuts. we have seen this pattern in which democrats are put in the position to having to be the adults in the conversation, and trying to hold things together, and thnow we are back at that point. if you look at that pattern of concession and then compromise to the middle, and the democrats having to bear the burden politically for those decisions, it might be a trial balloon, but there is a pattern that indicates that social security and medicare are on the table. and that is why we reacted the way we did. this shouldn't be on the table. we have reached a no mass point here. that democrats should never support this. we have to be solid and independent, regardless of what those negotiations with the administration produce. >> in terms of what you described there as bearing the political burden here, that is one of the strategic questions that i have. and this may be clearer to you from washington th
MSNBC
Jul 27, 2011 1:00pm EDT
headlines today, the mayor of kandahar is the second elected official to be assassinated in afghanistan in only two weeks. president car save's half brother was the first. officials say that the mayor was killed today inside a government compound by a suicide bomber. >>> britain has officially recognized libya's main opposition group as the legitimate government. >>> meanwhile in tripoli the convicted lockerbie bomber was spotted in a featured seat at a progadhafi rally. he was released from a scottish prison on so-called compassionate grounds nearly two years ago after his lawyers argued that he was dying of prostate cancer. he's apaurptly still very much with us. 270 people died on pan am flight 103 over scotland more than 22 years ago. >>> and ground zero first responders sufferingç from cancr will not be compensated by the government for their illness. a federal medical team reports there is not enough evidence to show a cause and effect connection linking their cancer directly to their exposure to dust and debris. the finding means as of now they do not qualify for federal benefit
FOX
Jul 26, 2011 10:00pm EDT
the latest in a string of legal problems for the company. once it wraps up its work in iraq and afghanistan. the company is now known as xe and is moving to arlington. >>> tonight on the news edge at 11:00 a serial slasher is on the loose in fairfax county. a man's cut several women at busy shopping malls. police are worried it's only going to get worse. >>> a congressman is arrested outside the white house today. find out why on the news edge at 11:00. >>> now that the lockout finally over donovan mcnabb is as good as gone and that leaves the big hole in the quarterback position. >> at redskins park today fox 5's sports director dave feldman spoke to some guy. i've heard him show up at redskins park talking a lot of smack, hasn't played football in five years and this is our leader. >> maybe. his name is john beck. went on national radio a while ago, said he was going to be the redskins starting quarterback. the second round pick out of byu has not backed down from that statement since, something i discussed with him earlier this afternoon. john beck as happy as anybody the lockout is now
CNN
Jul 28, 2011 7:00pm PDT
or daughter, husband or wife is in iraq or afghanistan, might cost them their check if we get three or four or of six days past august 2nd. >> i heard you say earlier we're seeing a generational divide in the house right now, the results of a generational divide. >> no question in the republican party there's a huge generational divide. as gloria just noted, a lot of these 87 freshmen, they're not career politicians. they were car dealers, maybe they were prosecutors. some of them were farmers. they don't feel bebeholden to the speaker. they think the people telling them to compromise are the people who built the pile of debt, the miss we're in right now. they don't truss them. remember a lot of people are making fun of them. a lot of people say these crazy tea party party. why won't they compromise? they won the last election. the last time america spoke they sent these people to washington. so they think that's what they were sent here to do. now, maybe the public's changed its mind. maybe the president and democrats have convinced them otherwise. but they just in november won an election
CSPAN
Jul 8, 2011 7:00am EDT
,000 to afghanistan so we can spend dollars a gallon on gasoline of afghan people spend a dollar and 20 -- $1.20. it is ridiculous what we allow these people to get away with. and how many people -- i think there is 37% of this nation that consider themselves republicans now. i just can't believe there are that many stupid people in this nation. have a nice day, susan b. host: thank you. a headline in "the wall street journal." sara lee and janet hook. one note -- investors in u.s. treasuries are not betting a major deal will solve the u.s. debt situation. a tweet from peter hogan -- >> is clarksburg, west virginia. dispensed -- next is clarksburg, west virginia. spence. caller: i would like to say united we stand and divided we fall and we need to apply it to the government. we need to start with congress eliminating their little perks. some of the benefits we give to congress -- and the military men, paying them what they do, benefits for life, but when these clowns of their retired they carry a lifetime package with them. if we want to talk about deficit cuts, maybe we can close some of th
CSPAN
Jul 18, 2011 7:00am EDT
're putting money in other places like to the war, places like that in afghanistan, to other wars. that is my question. guest: two interesting things your question brings up. when fdr designed so security, he said, we're going to put it on your checks every week so you will see it being taken out and you will note it is there for you. that was very, very important to fdr and the preservation of the social safety net. also, he said, we are going to make sure that every time -- that you know this is something that is solvent, but the money is there in the bank so it is not a welfare program but it should not be means tested. we all know what happens to welfare programs. we all know they go under the knife. he said it had to apply to everyone. that is one of the things they want to attack at this point, too. you may say, well, the wealthy should not because it is in financial trouble. it is not. the minute you make of a welfare program, the death warrant. host: we have heard recruitment efforts will be hurt by any perceived abandonment in the area of medicare by democratic leaders. your thoughts
FOX News
Jul 17, 2011 9:00am PDT
't have to worry about a late payment. we want to assure that if they are in afghanistan or iraq, the families don't worry about paying the mortgage on time. >> shannon: i understand that might be an area on capitol hill you have bipartisan support. >> yes. absolutely. social security would be covered because that comes from a different fund anyway. you have the social security covered. you can do this as a first priority. i think we should. i don't think people should be worried about payments in the categories where it is a life or death situation. >> shannon: you am quite sure that republicans understand how well it works when the democrat talk about the fact that maybe the checks won't go out. do you think it will take the conversation off the table if it passes? >> it should. we should haven't the president saying he might be able to send social security checks out. he can. of he absolutely can. it's a different fund. they know that. it is a scare tactic. we need to roll up the sleeves and get long-term answers and save social security extending the age three months a year.
MSNBC
Jul 25, 2011 6:00am EDT
of the wars in afghanistan and pakistan. >> still not getting serious. >> i went away from fuzzy. >> is that like jerry at trick math? >> yes. >> are you surprised they don't have a deal today? i actually really -- i mean, i really thought -- >> i would be shocked if they don't have a deal in the next two or three days. again, republican freshmen may have a big ideology difference with barack obama and his world view, and the divide is no greater than ronald reagan's was with tip o'neal in 1983 when they sat down, and they did a kneel. yes, you differ with barack obama and the democrats, but -- >> usually you are good at seeing somebody's angle. like you know what their angle was. what is the angle here? i don't get it. >> these republicans believe this is their only opportunity -- >> are they so stuck to the contract with the tea party they cannot think outside the box for the good of the country? seriously? >> can i finish? you asked a question and i need to finish. they understand one thing. >> what do they understand? >> they are dead right about this. this is their best chan
FOX News
Jul 10, 2011 6:00am EDT
panetta, the former head of the cia. he's saying on his first trip to afghanistan, his first public comments, really, saying that the defeat of al-qaeda is within reach and here is what he had to say on saturday. >> we're within reach of strategicically defeating al-qaeda. if we could be successful at going after them, i think we can really undermine their ability to do any kind of planning to be able to conduct any kind of attack on this country. but that's that. that's why i think it's within reach 'cause they're going to sake some more work? you bet it is, but i think it's within reach. >> mike: in the first couple of days, is that statement too bold, that statement? >> i like it, covets. >> ainsley: i do, too. >> dave: that was supported by congress and we like his congress and david petraeus echoed that and holds the promise of a strategic defeat of al-qaeda. he is he, too, is confident if we can get more kills, 20, we would crush. >> ainsley: 10 to 20. >> mike: al-qaeda is all over the world and not just in pakistan. >> dave: they believe the head of al-qaeda is in pakistan al
MSNBC
Jul 7, 2011 10:00pm EDT
of the afghanistan war, we're against what congress voted for, americans voted for it and we have to pay our bills. >> congressional members said they met with the president a month ago and they asked him, are you going to throw us under the bus? and they're telling me tonight they were thrown under the bus. do you feel that way? >> you know what, what i'm hoping is this. when the president is talking about medicare and social security, it's about making medicare and social security strong, survivable and sustainable. and when president reagan and speaker o'neal, democrat and republican, joined hands on social security, it was about making it stronger. it wasn't about raiding social security to cover tax cuts for the rich. so that's the real question. there is enormous anxiety. >> why are we even talking about this when you've got 80% of the american people who don't want to go down this road? >> there are two interpretations. number one, we shouldn't be doing it, because medicare should be discussed on its own terms. we have to bring down the cost of health care and that's important not only for
NBC
Jul 7, 2011 6:00am EDT
in iraq and afghanistan. authorities also say its tabloid called news of the world tapped into voice mails of families of murder victims. one case involved a teen abducted and killed in 2002. they say the tabloid deleted voice mail messages on her cell phone which gave her family false hope. news international's owner rupert murdoch calls the new allegations unacceptable. >>> it is now 6:26, 73 degrees. coming up next at 6:30 the construction project starting today that will shut down part of a busy intersection in prince george's county. >>> the out-of-control crash right into a bakery. how and where this happened overnight. these sweet honey clustery things have fiber? fiber one. almost tastes like one of jack's cereals. uh, forgot jack's cereal. [ jack ] what's for breakfast? uh, try the number one! i've never heard of that. [ wife ] it's great. it's a sweet honey cereal, you'll love it. yeah, this is pretty good. are you guys alright? yeah. [ male announcer ] half a days worth of fiber. not that anyone has to know. fiber beyond recognition. fiber one. >>> this morning we'll learn the s
MSNBC
Jul 28, 2011 10:00am EDT
. we're told that by military officials that he'd never been deployed to either iraq or afghanistan, and, in fact, had applied for conscience shs objective status, saying he was a muslim. >> thank you very much, pete williams, i know you'll keep us updated. >>> a lot going on in washington, d.c., clearly, including the ongoing news conference with the gop freshmen. we have the senators also taking to the floor, and there you have the chamber, where we are going to be seeing a vote a little later on today, and we're going to be hearing from john boehner early in the afternoon, so this could be an extremely consequential day in this debt fight in washington. keep it here on msnbc. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than
CNN
Jul 26, 2011 6:00am PDT
of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the government through next year's election. the boehner plan is considered more short term. it would raise the debt ceiling in two different steps. the first step would happen immediately raising the ceiling by a trillion dollars and spending cuts of 1.2 trillion over ten years. and get us to next year, right some we need a second vote to raise the debt ceiling again by another $1.6 trillion. that second increase would be contingent on more cuts. another $1.8 trillion in spending cuts and have to be agreed to by a bipartisan committee. >> so far, the debt stalemate has been a drag on the stock markets but not as bad as some of
CNN
Jul 28, 2011 10:00pm PDT
savings based on savings on troop levels in iraq and afghanistan. >> well, interesting enough while they're calling the overseas contingency operation dollars phantom funds, anderson, you may know they used those funds and put them in their own budget that they've already voted for and relied on. >> so where do you see this going? what do you think happens tonight? what do you think happens tomorrow? >> well, of course, i don't know what's going to happen tonight. obviously the republicans are meeting with themselves to see whether or not they have the votes to pass what john boehner has offered as a purely partisan alternative. we were not involved in those discussions. we were not involved in the decisions. and it's interesting that even in their own party it is deeply factionalized, deeply divided paint, divided against their leadership, angry at their leadership, and a party that is divided itself has difficulty working with the president or working with us. and that's unfortunate. and the country is the poorer for it. and the image of america is poorer for it. and i would hope that
CSPAN
Jul 5, 2011 7:00am EDT
the war in afghanistan, we must fix the politics." host: back to the phones and the public's discussion, asheville, n.c., george -- joyce. caller: we do not have any say in what congress says it through our president except through voting. i call them all the time and make my voice heard. sometimes they are not nice to me. i think that the biggest problem in this country are the illegals that come in here to of our country and a protest. the taxes of this country are taking care of them. they will hit the streets in georgia this time. arizona and other states. host: you said you had had contact? caller: just about my complaints with social security and medicare. host: their response to you? caller: they just listen to me sometimes. sometimes they say thank you for calling. host: you have spoke to them on the phone? caller: i was complaining more about illegals, i think that is the biggest problem of the nation. host: i am going to let you go now. we have this biggest -- we have this twitter message. host: auburn they'll, florida, you are on washington journal. caller: they never listen
FOX News
Jul 25, 2011 8:00am PDT
and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points . it was down by over a hundred earlier. simon constable is a columnist for the "wall street journal." what is your take? we talk about the reassurance for the market? what about the reassurance for the average investor. >> most of the markets are saying whatever. but the gold market isn't. we've seen gold come up from 1500 a month ago to over 1600 now. jenna: what does that tell you. >> people don't buy golds as a good investment. you have to pay money to have it stored, buy insurance, put it in a bank, with armed guards and people are basically big thumb's down to the u.s. government when they buy gold. you shouldn't be totally reassured. that is quite a move in that sort of short period
MSNBC
Jul 19, 2011 6:00am EDT
afghanistan, pakistan. you're reading a couple pieces in the "new york times." now it's spreading to all of these different countries and one that really jumped off the page for me, drone attacks in somalia. >> joining us, jeremy scahill, on the cia secret sites in somalia, jeremy, the secret training programs and secret prisons out of somalia is part of your reporting there. how big a threat are these terrorist group there's? >> we should say first of all president obama campaigned on a promise to go up against these bush era policies declaring war on the world, running secret sites, torturing prisoners. deeply involved in an underground dungeon officially run by the somali national security agency, but their salaries are paid by the cia directly. in fact, one somali agent described thousand hairli ed ho and paid by u.s. agents and the u.s. is interrogating prisoners, including those rendered by the kenyan government, snatched off the streets in nairobi based on u.s. intelligence and taken to this secret prison and interrogated. it goes against the president's ordered he signed in janua
CSPAN
Jul 10, 2011 10:30am EDT
discharged veteran? >> we have all of these and people coming back from iraq and afghanistan. they have made incredible sacrifices. they have taken on incredible responsibilities. you see a 23-year-old leading a platoon in dangerous circumstances, making decisions, operating complex technologies. these are folks that can perform. unfortunately, a lot of these young veterans have a higher and to limit rate than people who did not serve. -- have a higher unemployment rate than people who did not serve. we want to combine a tax credit for a company that hires veterans with a campaign to have private companies step up and do the right thing and hire more veterans. in the federal government, we have made huge emphasis on ramping up our outreach to veterans and the hiring of veterans. this is been a top priority of mine. the notion that these folks who have sacrificed for our freedom and security are coming home and not able to find a job, i think that is unacceptable. >> this next question was heavily re-tweeted and voted up by our user base. this is about the debt ceiling and tax cuts. >> the as
FOX News
Jul 24, 2011 3:00am PDT
eye. >>> the ultimate sacrifice, bute soldier who lost his life in afghanistan but gives his heart to a woman back home. we'll have the story coming up. a vacation on a budget with expedia. make it work. booking a flight by itself is an uh-oh. see if we can "stitch" together a better deal. that's a hint, antoine. ooh! see what anandra did? booking your flight and hotel at the same time gets you prices hotels and airlines won't let expedia show separately. book it. major wow factor! where you book matters. expedia. >> good morning, sunday, july 24th, i'm juliet huddy in for alisyn camerota, a "fox news alert," new developments in the norway terror attacks. the suspect claims responsibility, and, he says he acted alone as police try to learn the motivation behind the massacre. >> dave: could there be a breakthrough in the debt ceiling show down, john boehner says he has a plan, treasury secretary tim geithner says, it won't fly. stuart varney, is going to come up and say it is judgment day, and... >> as an elected official you think it is her job to defend the pledge of allegiance an
CNN
Jul 25, 2011 12:00pm PDT
in discretionary spending. also a lot of money from war money. he's saying as afghanistan and iraq wrap up, there's about a trillion dollars in savings. that's kind of controversial, brooke, because republicans don't count that money. but bottom line, $2.7 trillion all in savings cuts. you might like all them. that's what he's saying. he has a longer term committee in here but it would just make recommendations for long-term reform, really would have a vote on that but wouldn't force those reforms to happen. >> so i want to look at this plan here that you now have. i want to look at what supporters would say and also opponents. from everything i've been reading trying to keep up with all of this, the big difference here from the democrats' side there's no mention of revenue increases, correct? >> huge concession from democrats. the whole time democrats say there must be revenue on the table, republicans say they can't be. now democrats are dropping that huge demand. here is what supporters would say. this plan gets it done. they would say we're out of time. we're in the going to push for all of o
FOX News
Jul 28, 2011 1:00pm EDT
of his first deployment to afghanistan. he is shown praying, he talks about being a miss him. -- muslim. >> where i can't both deploy and be a muslim. [speaking in native tongue] >> reporter: according to the army antiterrorism and force protection report, abdo bought three boxes of 12 gauge ammunition, smokeless gun powder and a magazine for a .9 mm gun. he paid for the m items in cash and left in a taxi cab. the owner of the gun store called police, he was picked up at an america's best value "squawk on the street"s, we're told, he also paid for in cash an army uniform to include local fort hood patches. law enforcement officials tell fox they suspect he was planning an attack in or around the fort hood area. of course, that was the site of the november 2009 shooting that left 13 u.s. soldiers dead. now, um, that case of major hassan nadal is ongoing. it took a turn just a week ago when his lawyer quit, but all of this is the backdrop to a new arrest of a potential plot against fort hood. martha: significant, it sounds like. jennifer, thank you. so. jennifer griffin from the pentagon.
FOX
Jul 21, 2011 7:00am PDT
sleeved the award for actions in -- recipients have received the award for actions in iraq and afghanistan. >>> a human rights group is reporting indense gunfire in syria. the unrest comes after a -- intense gunfire in syria. the unrest comes after this shooting was caught on a cell phone camera. syrian forces are conducting raids and arresting anti- government demonstrators right now. the protesters want the president there to step down. >>> bill gates is hoping to revolutionize the third world and prepare vent disease by reinventing the toilet. the bill and linda gates foundation is distributing more than $40 million in grants to universities to help engineer a more efficient toilet. that could help 40% of the world's population who don't have flush toilets. that means deadly diseases can easily spread. some ideas include solar power, ones that convert waste into electricity and those that sanitize human waste. >>> some doctors say s.i.d.s. may no longer be vell vent. numbers show 2,000 babies die every year. but some experts say they may be -- they may have been suffocateed. a campaign
CSPAN
Jul 8, 2011 2:00am EDT
and afghanistan. if before the newspaper announced it was closing, members of the british house of commons held an emergency debate on wednesday to discuss whether a full public inquiry was needed to look into the phone hacking. you're the first hour of that debate with remarks by the british attorney general and the labor spokesman for home affairs. >> we come to the emergency debate on phone hacking at the news o >> the housethe house will obsen the light of interest, i have imposed a seven minute limit on the back bench contributions. it'll take effect after the contributions. it'll depend on early contributions. to open the debate, i call mr. bryan's. in were hacked by the news of the world. >> one family member spoke today. another has been in touch with me and several others. the police are looking at not dust wireless phones of these families but the family of mcca hn.the charge is even longer. this is particularly worrying given the long third trial. scandalously, it also seems it targeted some of those police officers who were at various times in charge of the investigation into the ne
CSPAN
Jul 10, 2011 1:00pm EDT
into this area, the neighborhoods around mogadishu are referenced by locals there as "little afghanistan." a year ago, al-shabaab conducted the first attacks actually outside of somalia. they killed 76 people, including one american in you going to -- in uganda. there is growing concern that al-shabaab leaders are striving to strike targets not just beyond somalia, but beyond africa. a european plot was recently uncovered. it was in the works and it was uncovered. links between al-shabaab and al- qaeda in the arabian peninsula, the most active of all of the outcry that franchisees -- al qaeda franchises, are becoming more and more clear. they are working together on training. they are working together on tactics. the bomb-making capability that al qaeda has, the expertise that they have, is being combined recruits.abaab's they frequently have western passports. many of them have u.s. passports. this is quite a deadly combination. that is why, last month, director panetta called al- shabaab's threat to the homeland "significant and on the rise." u.s. forces have gone on the offensive, of course, t
CNN
Jul 19, 2011 12:00pm PDT
and afghanistan, and i think history will show that we were right to get into those. and we've had fairly good results so far from them though they've been very costly. >> i just always think it's important to tlook at history to then bring us to the president. as we come back here to 2011 and specifically your role, sir, in this. i know you're a staunch conservative. are you able to lead the way and compromise and the tea party are watching your every move, sir? >> well, it looks like this is going to be thrown over into gsh if it passes, it will be thrown over to the finance committee and we'll see what we can do to do this without raise taxes but also by doing appropriate cuts that really should happen. and by reforming some of these programs so that they work better, cost less. that will be less government. >> a lot of americans would agree with you, but are you willing to compromise given that you're up for re-election and you have tea party republicans looking closely at you. >> they have to be worked out but they have to be made on a basis that makes sense and not raise taxes. we're tax
CSPAN
Jul 25, 2011 7:00am EDT
is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he would empower a special committee to find an additional $1.60 trillion to authorize or trigger another increase in the debt ceiling. the problem with this proposal, however, it would require raising the debt ceiling by the requisite $2.40 trillion amount into the stages. that is something the president and democratic leaders after yesterday's said is a nonstarter. they say it would create too much uncertainty for the marketplace and the economy if this process had to be replaced at the beginning of next year or summer of next year. >> the house republicans made their own at last it with a cap and balance plan that did not make it to the senate. the pre
FOX News
Jul 25, 2011 10:00am PDT
eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all agree tax loopholes are something we can do about, that's definitely an area we compromise on without any difficulty whatsoever. but the point is putting in a system of tax reform that is simpler, flatter, less cumbersome especially for our business owners in the cost of doing business. so this is what we're looking at. but we are definitely against any tax increases, any tax increases alone. martha: all right, so goldman sachs if they don't get $4 trillion, what happens is a plan that's short of $4 trillion in real spending cuts, they're likely to downgrade their rating on u.s. debt. what do you think about that? >> well, you know, that's unfortunately what we're face
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